Some piece of the Outlook install is corrupt.
In previous release you could jsut delete the corrupt file
but I have found with the latest versions it is too hard
right now to track down where the item is that tracks,
last read email, password remembering, etc...
Back up your .pst, .ost, .wab, .pab if you have.
Uninstall Office.
Manually delete the Office files in:
Program Files
Program Files\Common
Doc & settings\[your user name]\local settings\windows\
Reboot. Do a clean install. Reset up Outlook.